A company hopes to improve its engines, setting a goal of no more than of customers using their warranty on defective engine parts. A random survey of 1400 customers found only 30 with complaints. Create a confidence interval for the true level of warranty users among all customers.
A) Based on the data, we are confident the proportion of warranty users is between and . Therefore, the company has met its goal.
B) Based on the data, we are confident the proportion of warranty users is between and . Therefore, the company has met its goal.
C) Based on the data, we are confident the proportion of warranty users is between and . Therefore, the company has not met its goal.
D) Based on the data, we are confident the proportion of warranty users is between and . Therefore, the company has met its goal.
E) Based on the data, we are confident the proportion of warranty users is between and . Therefore, the company has met its goal.
Correct Answer:
Verified
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